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An End to Dutch Gambling Levies?
- The Casino cannot open accounts or process bets or financial transactions for individuals residing in Lower Saxony (Niedersachsen) state Holland Casino Amsterdam Opening Hours in Germany. Bayton Ltd (C41970), is a Maltese registered company registered at Villa Seminia, 8, Sir Temi Zammit Avenue, Ta' XBiex XBX 1011.
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In the wake of a recent advice by the Council of State stating that oversight serves a public purpose and should thus be paid from general funds, employers’ organizations VNO-NCW and MKB-Nederland are now calling on the Dutch government to cease passing on oversight costs to corporations.
If their appeal ends up being successful (admittedly a big if), gaming operators would no longer be held responsible for financing the Netherlands Gaming Authority.
Successful Live Gaming Summit Concludes in Barcelona
A successful Live Gaming Summit, bringing live gaming operators and providers together in Barcelona, concluded yesterday.
Industry representatives, hailing from sixteen countries, enthusiastically engaged with conference speakers and panelists, as well as other visitors, while discussing the way forward for the sector.
Due to Summit’s great success, next year’s edition will certainly be even bigger and better!
Check out the event’s photos here.
Despite Record Sports Betting Turnover, French Licensed Online Operators Collectively Lose €5m in 2015
Six years after the launch of the regulated French online market, profitability remains elusive as French-licensed operators collectively lost €5m in 2015, according to figures published by the Autorité de régulation des jeux en ligne (ARJEL).
Of all the verticals, only racing generated an operating surplus (€10m), while sportsbook and poker operators each lost around €7m.
A combination of tax reform, permitting licensees to offer a wider variety of online products and shared poker liquidity with other European regulated markets would be necessary in order to create a healthy online market, ARJEL suggested.
In somewhat related news, Charles Coppolani, chairman of ARJEL explains here how French player data is processed.
German Online Casino Association to Be Launched at EiG Conference
The German Online Casino Association will be officially launched at the upcoming Excellence in Gaming Conference, which will be taking place on 18-20 October, 2016, in Berlin.
With much uncertainty in recent years surrounding German regulation, the iGaming industry has been patiently waiting for positive news to emerge from this region.
With the recent online gaming legislation coming out of the state of Hesse, the incorporation of GOCA is another important step towards a fully regulated German market.
Should Gibraltar and Britain Be Regarded as a Single State under EU Gambling Legislation?
Starting 4 October, the European Court of Justice will consider this question as part of a larger legal row between the Gibraltar Betting and Gaming Association and the UK revenue service, related to to the imposition of a UK point of consumption gambling tax.
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Holland Casino to Open Second Flagship Casino in Amsterdam
Sometime during the first half of 2017 and ahead of its imminent privatization, Holland Casino is set to open a second flagship casino in the Dutch capital.
As Holland Casino owns a fixed number of casino licenses, its branch at Schiphol Airport will close as soon as the casino at the new location opens.
“Our new casino in Amsterdam West is situated at a top location that is easy to reach for both inhabitants of Amsterdam and outside visitors. The new branch will be part of state-of-the-art business and entertainment complex Ven,” Holland Casino CEO Erwin van Lambaart said.
“This is an important step for the future of Holland Casino. Our Schiphol branch was not profitable; a modern casino with at this location will enable us to strengthen our position,” Van Lambaart added.
As the new casino will offer employment to more than 170 FTEs, Holland Casino is already recruiting.
In related news, a lucky punter won a €1m jackpot on one of Holland Casino’s Mega Millions slot machines, a mere week after another Mega Millions winner took home €2,250,000.
Other News
Skill-based games may replace traditional slot machines in the Dutch holiday villages operated by Center Parcs – and perhaps in other gaming arcades as well.
Dutch casino owners open pawnshop next door.
Richard Hogg, CEO of startup 21Bet, discusses the challenges of launching a new betting product in competition with established industry giants.
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Sportsbook operator Betway entered into sponsorship deals with Belgian football side RSC Anderlecht, as well as the Belgian Football Association and Pro League.
Svenska Spel has signed a four-year extension to a deal with IGT in an effort to bolster its range of interactive poker products.
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While the US online gaming market is expected to grow an impressive CAGR of more than 51% between 2016 and 2020, new anti-online gaming legislation has been introduced in the US Senate.